UDOW vs. TSLA
Compare and contrast key facts about ProShares UltraPro Dow30 (UDOW) and Tesla, Inc. (TSLA).
UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UDOW or TSLA.
Correlation
The correlation between UDOW and TSLA is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UDOW vs. TSLA - Performance Comparison
Key characteristics
UDOW:
0.90
TSLA:
1.19
UDOW:
1.40
TSLA:
1.97
UDOW:
1.18
TSLA:
1.24
UDOW:
1.70
TSLA:
1.14
UDOW:
4.75
TSLA:
3.26
UDOW:
6.42%
TSLA:
22.88%
UDOW:
33.78%
TSLA:
62.89%
UDOW:
-80.29%
TSLA:
-73.63%
UDOW:
-17.25%
TSLA:
-8.28%
Returns By Period
In the year-to-date period, UDOW achieves a 27.16% return, which is significantly lower than TSLA's 77.13% return. Over the past 10 years, UDOW has underperformed TSLA with an annualized return of 18.98%, while TSLA has yielded a comparatively higher 40.66% annualized return.
UDOW
27.16%
-7.91%
21.84%
27.96%
9.50%
18.98%
TSLA
77.13%
29.93%
138.09%
71.11%
75.02%
40.66%
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Risk-Adjusted Performance
UDOW vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) and Tesla, Inc. (TSLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
UDOW vs. TSLA - Dividend Comparison
UDOW's dividend yield for the trailing twelve months is around 0.95%, while TSLA has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDOW ProShares UltraPro Dow30 | 0.95% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.67% | 0.21% | 0.46% | 0.35% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UDOW vs. TSLA - Drawdown Comparison
The maximum UDOW drawdown since its inception was -80.29%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for UDOW and TSLA. For additional features, visit the drawdowns tool.
Volatility
UDOW vs. TSLA - Volatility Comparison
The current volatility for ProShares UltraPro Dow30 (UDOW) is 10.87%, while Tesla, Inc. (TSLA) has a volatility of 16.49%. This indicates that UDOW experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.